DALLAS--(BUSINESS WIRE)--Energy Future Holdings Corp. (“EFH Corp.”) today announced the results,
as of 5:00 p.m., New York City time, on January 8, 2013 (the “Early
Tender Date”), of the previously announced (a) offers (the “First Lien
Exchange Offers”) of its direct, wholly-owned subsidiary, Energy Future
Intermediate Holding Company LLC (“EFIH”), and EFIH’s direct,
wholly-owned subsidiary, EFIH Finance Inc. (“EFIH Finance” and, together
with EFIH, the “Offerors”), to exchange up to approximately $1.3 billion
aggregate principal amount of new 10.000% Senior Secured Notes due 2020
of the Offerors (the “New First Lien Notes”) for any and all outstanding
(i) 9.75% Senior Secured Notes due 2019 of EFH Corp., (ii) 10.000%
Senior Secured Notes due 2020 of EFH Corp. and (iii) 9.75% Senior
Secured Notes due 2019 of the Offerors (collectively, the “Existing
First Lien Notes”) and (b) concurrent solicitations (the “Consent
Solicitations”) by EFH Corp. and the Offerors of consents (the
“Consents”) from holders of Existing First Lien Notes to proposed
amendments (the “Proposed Amendments”) to the indentures governing the
Existing First Lien Notes and to such Existing First Lien Notes. As of
the Early Tender Date, EFH Corp. had received the requisite Consents to
adopt the Proposed Amendments, although Consents delivered may be
revoked at any time at or prior to 5:00 p.m., New York City time, on
January 24, 2013 (such time and date, as the same may be extended by the
Offerors and/or EFH Corp. with respect to any Consent Solicitation, the
“Consent Date”).

“Management’s Discussion and Analysis of Financial Condition and Results
of Operations”

EFH Corp. also today announced the results as of the Early Tender Date
of the Offerors’ previously announced offers (the “Unsecured Exchange
Offers” and, together with the First Lien Exchange Offers, the “Exchange
Offers”) to exchange up to approximately $124 million aggregate
principal amount of new 11.25%/12.25% Senior Toggle Notes due 2018 of
the Offerors (the “New Senior Toggle Notes” and, together with the New
First Lien Notes, the “New Notes”) for any and all outstanding (i)
10.875% Senior Notes due 2017 of EFH Corp. and (ii) 11.250%/12.000%
Senior Toggle Notes due 2017 of EFH Corp. (collectively, the “Existing
Unsecured Notes” and, together with the Existing First Lien Notes, the
“Existing Notes”).

EFH Corp. was advised by the exchange agent for the Exchange Offers
that, as of the Early Tender Date, (i) the principal amounts and the
percentages of outstanding principal amounts tendered listed in Table 1
below of each series of Existing First Lien Notes were validly tendered
(and not validly withdrawn), and related Consents with respect to each
such series of Existing First Lien Notes were validly delivered (and not
validly revoked) in the Consent Solicitations and (ii) the principal
amounts and the percentages of outstanding principal amounts tendered
listed in Table 2 below of each series of the Existing Unsecured Notes
were validly tendered (and not validly withdrawn).

Table 1 – First Lien Exchange Offers

CUSIP/ISIN

Issuer(s)

Title of ExistingNotes

Principal AmountOutstanding

Principal AmountTendered

Percentage ofOutstandingPrincipal
AmountTendered

292680AF2

US292680AF29

EFH Corp.

9.75% SeniorSecured Notesdue 2019

$115,446,000

$112,873,000

97.77%

292680AH8

US292680AH84

and

292680 AG0

US292680AG02

and

U29191AD2

USU29191AD22

EFH Corp.

10.000% SeniorSecured Notesdue 2020

$1,060,757,000

$1,057,656,000

99.71%

292681AA1

US292681AA15

EFIH andEFIH Finance

9.75% SeniorSecured Notesdue 2019

$141,083,000

$139,068,000

98.57%

Table 2 – Unsecured Exchange Offers

CUSIP/ISIN

Issuer(s)

Title of ExistingNotes

Principal AmountOutstanding

Principal AmountTendered

Percentage ofOutstandingPrincipal
AmountTendered

292680AC9

US292680AC97

and

292680AA3

US292680AA32

and

U29191AA8

USU29191AA82

EFH Corp.

10.875% SeniorNotes due 2017

$64,135,000

$30,876,000

48.14%

292680 AD7

US292680AD70

and

292680AB1

US292680AB15

and

U29191AB6

USU29191AB65

EFH Corp.

11.250%/12.000%Senior ToggleNotes due 2017

$60,329,699

$33,398,972

55.36%

The Exchange Offers for each series of Existing Notes will expire at
5:00 p.m., New York City time, on January 24, 2013 (such time and date,
as the same may be extended by the Offerors with respect to any Exchange
Offer, the “Expiration Date”). The Consent Solicitations for each series
of Existing First Lien Notes will expire on the Consent Date. Tendered
Existing Notes may be withdrawn at any time at or prior to the
Expiration Date and Consents delivered may be revoked at any time at or
prior to the Consent Date. Accordingly, the principal amounts of
Existing Notes and percentages of Existing Notes shown in the tables
above as having been tendered are subject to change.

The terms and conditions of the First Lien Exchange Offers and Consent
Solicitations, including the terms and conditions of the New First Lien
Notes, are set forth in the Offering Memorandum and Consent Solicitation
Statement dated December 21, 2012 and the related Consent and Letter of
Transmittal, and terms and conditions of the Unsecured Exchange Offers,
including the terms and conditions of the New Senior Toggle Notes, are
set forth in the Offering Memorandum dated December 21, 2012 and the
related Letter of Transmittal (all such documents collectively, the
“Offering Documents”).

The Exchange Offers are being made only in the United States to
“qualified institutional buyers” (as that term is defined in Rule 144A
of the Securities Act) and to certain non-U.S. persons (as that term is
defined in Regulation S under the Securities Act) located outside the
United States. The Exchange Offers are being made only by, and pursuant
to, the terms set forth in, and the information in this press release is
qualified by reference to, the Offering Documents.

Offering Documents are only being distributed to holders who complete
and return an eligibility certification letter confirming that they are
eligible investors for the Exchange Offers. Holders of Existing Notes
who desire a copy of the eligibility certification letter should contact
Global Bondholder Services Corporation, the information agent for the
Exchange Offers and Consent Solicitations, at (866) 470-3900 (Toll-Free)
or (212) 430-3774 (Collect).

About EFH Corp.

EFH Corp. is a Dallas-based energy holding company engaged in
competitive and regulated activities, primarily in Texas. Its portfolio
of competitive businesses consists primarily of TXU Energy, a retail
electricity provider with approximately 1.8 million electricity
customers in Texas and Luminant, which is engaged largely in power
generation and related mining activities, wholesale marketing and energy
trading. Luminant has approximately 15,400 MW of generation in Texas,
including 2,300 MW fueled by nuclear power and 8,000 MW fueled by coal.
Luminant is also one of the largest purchasers of wind-generated
electricity in Texas and in the United States. EFH Corp.’s regulated
operations consist of Oncor, which operates the largest electricity
distribution and transmission system in Texas, with more than three
million delivery points and approximately 118,000 miles of distribution
and transmission lines. While EFH Corp. indirectly owns approximately
80% of Oncor, the management of Oncor reports to a separate board with a
majority of directors that are independent of EFH Corp.

Forward Looking Statements

This press release contains forward-looking statements, which are
subject to various risks and uncertainties that could cause actual
results to differ materially from management’s current projections,
forecasts, estimates and expectations. All statements, other than
statements of historical facts, that are included in this press release
that address activities, events or developments that EFH Corp. and/or
the Offerors expect or anticipate to occur in the future, including the
Exchange Offers and Consent Solicitations (often, but not always,
through the use of words or phrases such as “will likely result,” “are
expected to,” “will continue,” “is anticipated,” “estimated,”
“projection,” “target,” “goal,” “objective,” and “outlook”), are
forward-looking statements. Although EFH Corp. and/or the Offerors
believe that in making any such forward-looking statement their
expectations are based on reasonable assumptions, any such
forward-looking statement involves uncertainties and is qualified in its
entirety by reference to the discussion of risk factors in the
applicable Offering Documents and EFH Corp.’s and EFIH’s reports filed
with the SEC (including the sections entitled “Risk Factors,”
“Management’s Discussion and Analysis of Financial Condition and Results
of Operations” and “Forward-Looking Statements” contained therein).